The Vietnamese government approved a $1.5 billion development for the Trump Organization and an investment partner to build a golf resort outside Hanoi.
The development will be constructed in the Khuyen Chau district of the Northern Vietnamese city of Hung Yen, which is about 40 miles outside of the capital city of Hanoi. As currently planned, it will stretch across 2,446 acres, or roughly 3.8 square miles. Investments in the golf resort and its surrounding developments will start this quarter and continue through 2029, according to reports from Vietnamese media.
The Trump Organization first announced the project alongside Vietnamese developer Kinh Bac City in October 2024, according to a press release.
The Trump Organization is the holding company that manages the family’s real estate and other businesses. It is best known for its real-estate developments, many of which are branded with the Trump name. President Donald Trump no longer has an official role at the company, which is largely managed by his son Eric Trump. When the elder Trump took office, he placed his stake of the Trump Org in a revocable trust controlled by his other son, Donald Trump Jr.
The Trump Organization did not respond to a request for comment.
